Report: BoE Deputy Governor Breeden Signals Retreat on UK Stablecoin Ownership Limits

The Bank of England is walking back key parts of its stablecoin rulebook after the digital assets industry pushed back hard against proposals officials now admit may have gone too far. Bank of England Revisits Stablecoin Limits That Industry Called Cumbersome Deputy Governor Sarah Breeden, who oversees financial stability at the UK central bank, told []